$745,000
2420 S Oakley Avenue
Chicago, IL, 60608
Rarely available, this classic brick 3-unit in the highly desirable Heart of Chicago section of Pilsen offers strong upside for both investors and owner-occupants. The building includes two 2 bed / 1 bath units on the first floor (front and rear), and a spacious 5 bed / 2 bath top-floor apartment that’s perfect for an owner’s unit or high-rent tenant. The top unit features interior stairs to a large unfinished attic, offering excellent potential to duplex up and significantly increase value and rent. Currently, both the top-floor unit and the rear 2 bed unit are vacant, making this a unique opportunity to lease, or live in while generating income. An unfinished basement with roughed-in plumbing for a bathroom, rear egress, and common laundry area offers additional expansion potential. Located in one of Pilsen’s most vibrant pockets, this block of Oakley is home to a Restaurant Row with six fine dining establishments and cozy cafes. Just a short walk to Pete’s Grocery, the PINK Line, and moments from 18th Street shops, Thalia Hall, etc. With two vacant units, expansion potential, and a rapidly appreciating location, this property is a rare chance to invest or settle in one of Chicago’s most exciting neighborhoods
Property Details
Price:
$745,000
MLS #:
MRD12320898
Status:
Active
Beds:
8
Baths:
4
Address:
2420 S Oakley Avenue
Type:
Multi Family
Neighborhood:
CHI – Lower West Side
City:
Chicago
Listed Date:
Apr 17, 2025
State:
IL
ZIP:
60608
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air, Steam
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Parking Features
Assigned, Off Alley, Off Street, Alley Access, On Site, Owned
Parking Spots
2
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$10,599
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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2420 S Oakley Avenue
Chicago, IL
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